Here is an alternative view.
If you understand the different phases of market movements. I should not have to explain this.
I just have to make you aware that this actually is a possibility and one that has a great RR (about 6). Which follows my trading plan and follows my triggers.
* 3 touches at the top of the channel
* 3 touches at the bottom of the channel
* Break of the main trend that was following the bullish momentum
* Currently in Phase of retest and rejection before it falls
* The bearish candlesticks had more power going down than the bullish ones moving up
I've got 5 confluences
This is now on my considerations
If you understand the different phases of market movements. I should not have to explain this.
I just have to make you aware that this actually is a possibility and one that has a great RR (about 6). Which follows my trading plan and follows my triggers.
* 3 touches at the top of the channel
* 3 touches at the bottom of the channel
* Break of the main trend that was following the bullish momentum
* Currently in Phase of retest and rejection before it falls
* The bearish candlesticks had more power going down than the bullish ones moving up
I've got 5 confluences
This is now on my considerations
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.